Cryptocurrency Market Drops to $241 Billion!!!!
From $260 billion to $241 billion, the valuation of the cryptocurrency market has dropped by over $19 billion in the past 24 hours, as major cryptocurrencies including bitcoin, Ethereum, Ripple etc.
Bitcoin price trends.
Bitcoin Price Hits 2018-Low at $5,825.In February, the bitcoin price recorded a major drop from around $8,000 to the lower end of $6,000, bottoming out at around $6,050. End of the 2017 bitcoin hit $20,000 and it's all-time high price in bitcoin price history. Now bitcoin 75% down to all-time high.
As of current, many traders see a BTC bottom at around $5,000, some below the $5,000 region. But, unless the market fails to rebound at all and show no signs of mid-term recovery, it is difficult to see BTC dropping below $5,000.
prices won't go up till mt gox trustee ends up dumping all the coins they have.. moreover every week we see one or two exchanges being hacked..
yes, it is true. Every week one or two exchanges being hacked but in future, it will be zero.
yes, Mt gox also responsible for this dumping.
I believe that bitcoin grow up because it's a global currency.
thank you
It's just a ponzi scheme. Period.
Yeah.